How to qualify under the Furnished Holiday Letting Tax Rules

Boshers Tax

Tax can be a confusing matter but help is at hand. Our friends at Boshers explain how you can qualify for potentially advantageous treatment of ‘self-catering’ accommodation. To quote the tax man “Tax doesn’t have to be taxing” 

When you rent a property it is usually treated as a form of investment activity rather than a trade. For example, if you had a job and owned a second home which you let on a shorthold tenancy agreement, the property would for tax purposes often be seen as you owning it as an investment activity rather than a trade. In this article Boshers explore the following:

  • why this can be problematic for a holiday home owner
  • how the furnished holiday lettings rules can help
  • an overview of the `Furnished Holiday Lettings’ Tax Rules
  • the occupation requirements
  • the benefits of qualifying as Furnished Holiday Letting Accommodation


To read the full article click here